Block Trade

Block Trade Reporting can be done either through the use of an ISV, writing to the API or by using the NasdaQ-Port application. This is a web based tool that allows for the reporting of Block Trades on NFX. To obtain credentials please complete the NasdaQ-port Request Form.

Access

1. Decide Environment(s)

Each firm should reflect on their individual requirements when reflecting on how to access NFX and if this will include proprietary software (as opposed to only independent software vendors (ISVs). Below are some of the on boarding requirements applicable to each catagory: ISV

Requirements:

Make request and confirm with ISV that they will have readiness that corresponds with the launch timeline.

Confirm that the ISV will provide the network connectivity to the NFX infrastructure.

Register at least one ITCH or FIX market data port.

Proprietary software Requirements:

Arrange for network connectivity to our market infrastructure.

Register at least one ITCH or FIX market data port. Participants will have to pass a

Participant Entrance Test in our Test Environment before they will be certified to trade proprietary for execution software.

2. Determine and communicate if your firm will be integrating to any of the following NFX APIs?